Gold has been surprisingly resilient despite the surging dollar and bond yields.
For anyone planning to buy physical gold or silver, now could be the best opportunity in years. Considering premiums by themselves, it definitely is.
We are close to hitting that wall where the size of the national debt clearly matters.
There is no path to financial stability from the current point that does not involve a cleansing of huge magnitude.
We will no doubt see some disappointments in incoming President Trump’s foreign policy, but there are solid reasons to be cautiously optimistic.
Gold’s strong performance over the last two years must be seen as an acceleration in the deleveraging of the global financial system.
We could be setting up for a significant squeeze in the gold and silver markets.
Mike Maharrey of Money Metals interviewed Axel Merk, president of Merk Investments, on the evolving dynamics of precious metals markets and broader economic trends.
This rally is poised to propel gold to $3,000 and much higher as the global paper money experiment inevitably unravels.
If they don’t show progress on the debt, the bond market will eventually force the issue… and that won’t be good for anyone.
